Bloomfield Hills, Michigan-based manufacturer TriMas (NASDAQ: TRS) says its 2021 fourth-quarter sales increased 11.1%, while overall annual sales increased 11.3%. TriMas reported 4Q net sales of $209.0 million, compared to $188.2 million in 2020’s 4Q. The company said the increases sales were a result of “organic growth, including the impacts of customers’ stocking orders in […]
Category: TriMas
TriMas Acquires Intertech Plastics
TriMas (NASDAQ: TRS), a Bloomfield Hills, Michigan-based manufacturer of engineered and applied products has acquired Intertech Plastics, a provider of complex, precision injection molded components. Financial details were not disclosed. Intertech, which consists of two manufacturing facilities located in Denver, will become part of TriMas Packaging, effective immediately. Intertech previously operated as a private, family-owned […]
TriMas Declares Quarterly Dividend
TriMas (NASDAQ: TRS), a Bloomfield Hills, Michigan-based manufacturer of engineered and applied products, declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 11 to shareholders of record as of the close of business on March 4. TriMas announced the initiation of a dividend as […]
TriMas Closes Omega Deal
TriMas (NASDAQ: TRS), a Bloomfield Hills, Michigan-based manufacturer of engineered and applied products, has closed its acquisition of Omega Plastics. Omega is a manufacturer of custom components and tooling for medical, as well as industrial applications. TriMas says it will expand Omega’s production capacity, as required in order to benefit its customers’ longer-term needs, while […]
TriMas Acquires Omega Plastics and TFI
TriMas (NASDAQ: TRS), the Bloomfield Hills, Michigan-based manufacturer of engineered and applied products, announced Monday it has acquired Omega Plastics and TFI Aerospace. The companies will be added as TriMas Packaging and TriMas Aerospace, respectively. Financial details were not disclosed. Omega, located in Clinton Township, Michigan, specializes in manufacturing custom components and devices for drug […]
